---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-003044"
form_type: "8-K"
ticker: "CNET"
cik: "0001376321"
company_name: "ZW Data Action Technologies Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:33:37.791535+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ZW Data Action CFO Mark Li resigns; CEO Handong Cheng appointed acting CFO

## Summary
- CFO and Secretary Mark Li resigned effective May 4, 2023, with no disagreement with the Company.
- CEO Handong Cheng appointed as Acting CFO and Secretary on same date.
- Resignation did not arise from any matter relating to the Company's operations, policies or practices.

## SEC filing metadata
- accession: 0001171843-23-003044
- form_type: 8-K
- ticker: CNET
- cik: 0001376321
- company_name: ZW Data Action Technologies Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1376321/000117184323003044/0001171843-23-003044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1376321/000117184323003044/f8k_050823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-003044
- JSON: https://secwatch.observer/filing/0001171843-23-003044.json
- Plain text: https://secwatch.observer/filing/0001171843-23-003044.txt

## Key facts
- Executive change
  Handong Cheng was appointed as Acting Chief Financial Officer and Secretary at ZW Data Action Technologies Inc..
  - Action: appointed
  - Role: Acting Chief Financial Officer and Secretary
  source text: On the same date, the board of directors of the Company, by unanimous written consent, appointed Mr. Handong Cheng, Chief Executive Officer of the Company, to serve as Acting Chief Financial Officer and Secretary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376321/000117184323003044/0001171843-23-003044-index.htm
- Executive change
  Mark Li resigned as Chief Financial Officer and Secretary at ZW Data Action Technologies Inc..
  - Action: resigned
  - Role: Chief Financial Officer and Secretary
  source text: On May 4, 2023, Mr. Mark Li resigned as Chief Financial Officer and Secretary of ZW Data Action Technologies Inc., a Nevada corporation (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1376321/000117184323003044/0001171843-23-003044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.